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BOI AXA Ultra Short Duration Fund Direct IDCW Daily

Debt
Ultra Short Duration
Low to Moderate Risk
3.56%
1Y return
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Sep 2021₹1,011.93
Min. SIP amountNA
Rating3star
Fund size₹221.46 Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.6%6.0%6.7%7.9%
Category average3.7%5.5%5.9%NA
Rank with in category22124NA
Understand termsinfo

Holdings (11)

NameSectorInstrumentAssets
Power Grid Corporation of India Ltd.
EnergyBonds11.4%
FinancialDebenture11.4%
FinancialCD11.2%
Small Industries Devp. Bank of India Ltd.
FinancialCP11.0%
National Highways Authority of India Ltd.
ServicesBonds10.6%
L&T Infrastructure Finance Co. Ltd.
FinancialNCD9.7%
FinancialCD8.0%
Reserve Bank of India
FinancialT-Bills6.7%
FinancialDebenture5.8%
FinancialBonds4.6%
See All

Pros and cons

info
Category: Debt Ultra Short Duration
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Pros

Lower expense ratio - 0.38%
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
Exit load is zero
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Cons

Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Expense ratio, exit load and tax

Expense ratio: 0.38%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNA

Fund management

Alok Singh
Jun 2021 - Present
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Amit Modani
Dec 2018 - Present
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Mithraem Bharucha
Aug 2021 - Present
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Fund house & investment objective

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Fund house contact details

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